Crypto & Digital Assets - Cyprus

RegulatedMarkets in Crypto-Assets Regulation (Regulation (EU) 2023/1114, 'MiCA') — CASP authorisation regime, supervised by national competent authorities with convergence coordinated by ESMA/EBA

The EU regulates crypto exchanges and other virtual-asset firms as 'Crypto-Asset Service Providers' (CASPs) under MiCA, a single harmonised regime that has applied to CASPs since 30 December 2024. A CASP must be a legal entity authorised by the national regulator of an EU/EEA member state, after which it can passport services across all 27 member states. A transitional 'grandfathering' window for firms already operating under national law runs until 1 July 2026 at the latest (member-state dependent), after which a MiCA licence is mandatory to serve EU clients.

Machine-assisted translation · orientation, not legal advice. English version →